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Employment by US companies abroad increases 22.6%, at home only 4.9%


"A recent study by Capital Economics found that from 2002 to 2008, employment abroad by U.S. multinationals increased 22.6% while employment at home increased by a mere 4.9%"

Rana Foroohar, “Your Incredible Shrinking Paycheck: The recession is over, but its legacy of falling wages is likely to stick with us,” TIME Magazine, Feb. 28, 2011. Online link available here: http://content.time.com/time/magazine/article/0,9171,2050019,00.html

[verified 4/22/14]

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